Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

The Audacity© of punting Bush Tax Cuts For Have-Mores© to the 112th Congress. CAN we? Yes we CAN©.

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
Amerigo Vespucci Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-10-10 05:38 PM
Original message
The Audacity© of punting Bush Tax Cuts For Have-Mores© to the 112th Congress. CAN we? Yes we CAN©.
http://www.rawstory.com/rs/2010/12/tax-cut-package-perish-stalemate/

WASHINGTON – As the White House scrambles to pass a bipartisan tax deal through Congress, seemingly irresolvable issues between the House and Senate suggest the high-profile measure may wind up dead for the remainder of the year.

House Democrats on Thursday gave a vote no confidence in the deal President Barack Obama struck with the Republican leadership. Specifically, Democratic staffers say that the extension of the Bush tax cuts for the top 2-3 percent of income earners is a nonstarter in the House.

"If the current framework makes its way into a bill into the House, the Democratic caucus and Speaker Pelosi will not let it come up for a vote," one House Democratic aide told Raw Story.

Pelosi said in a statement after Thursday’s vote that House Democrats are committed to passing middle class tax cut relief the "tax cut for the top 3 percent does not create jobs and increases the deficit."

This poses an apparent stalemate for the Obama administration, because the high-end tax cuts are a top GOP priority, and Senate Republicans are likely to successfully filibuster a plan that excludes them.

"The House has already sent over a version of its tax cut plan to the Senate, where it’s also dead on arrival," the aide added. "So, short of scrapping the plan and making a new one, this whole thing will probably get punted 112th Congress."
Refresh | +2 Recommendations Printer Friendly | Permalink | Reply | Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC